Airbus (OTCMKTS:EADSY) Stock Rating Lowered by Citigroup

Airbus (OTCMKTS:EADSY - Get Free Report) was downgraded by Citigroup from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Friday,Zacks.com reports.

Several other research firms have also recently issued reports on EADSY. Jefferies Financial Group raised Airbus from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Berenberg Bank raised Airbus from a "sell" rating to a "hold" rating in a research note on Friday, March 21st. Kepler Capital Markets raised Airbus from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Airbus in a research note on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Airbus Stock Down 0.2%

Shares of OTCMKTS:EADSY opened at $47.09 on Friday. The stock's 50-day moving average price is $42.86 and its 200-day moving average price is $42.48. Airbus has a 12-month low of $34.10 and a 12-month high of $48.76. The stock has a market capitalization of $148.98 billion, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 2.65 and a beta of 1.30. The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The aerospace company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. The firm had revenue of $15.39 billion for the quarter, compared to analysts' expectations of $13.07 billion. Airbus had a return on equity of 23.22% and a net margin of 6.10%. On average, equities analysts anticipate that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.

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